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Feds tried to induce inflation for the last 20 years, it’s good for them since they can just print more money. They largely failed to do so since dollar is so w
by vl 5y ago
Feds tried to induce inflation for the last 20 years, it’s good for them since they can just print more money. They largely failed to do so since dollar is so well propped by international demand.
- imtringued 5y ago>it’s good for them since they can just print more money. That's not good because it means they failed to keep up their mandate. >They largely failed to do so since dollar is so well propped by international demand. Actually, the international demand is forcing deficit spending. If money leaves the US and then comes back in the form of treasury bonds then pretty much the only way to tap into the money is to let the government get into debt. If driving yields to near zero was good enough to cause inflation we wouldn't be in this mess.